U.S. RESEARCH ROUNDUP-Boston Properties, Meta Platforms, Steven Madden

Ciandt

06/12/2021 07:32

Dec 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on
several U.S.-listed companies, including Boston Properties, Meta Platforms and Steven Madden, on
Monday. 
    
    HIGHLIGHTS
     * Boston Properties Inc  BXP.N : Evercore ISI raises to outperform from in line 
     * Empire State Realty Trust Inc  ESRT.N : Evercore ISI cuts to in line from outperform 
     * Meta Platforms Inc  FB.O : HSBC raises to hold from reduce; maintains target price of $300         
     * Steven Madden Ltd  SHOO.O : Piper Sandler raises to overweight from neutral     
        
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Alexandria Real Estate Equities Inc  ARE.N : Evercore ISI raises target to $236 from $234 
     * Big Lots Inc  BIG.N : Telsey Advisory Group cuts target price to $55 from $57 
     * Boston Properties Inc  BXP.N : Evercore ISI raises target price to $126 from $125 
     * Boston Properties Inc  BXP.N : Evercore ISI raises to outperform from in line 
     * Broadcom Inc  AVGO.O : JP Morgan raises target price to $655 from $600 
     * Ci&T Inc  CINT.N : JP Morgan initiates with overweight rating; target price $17 
     * Corporate Office Properties Trust  OFC.N : Evercore ISI cuts target price to $32 from $34 
     * Couchbase Inc  BASE.O : RBC cuts target price to $43 from $53 
     * Darden Restaurants Inc  DRI.N : KeyBanc cuts target price to $172 from $180 
     * Eastgroup Properties Inc  EGP.N : Evercore ISI raises target price to $205 from $191 
     * Empire State Realty Trust Inc  ESRT.N : Evercore ISI cuts target to $10.50 from $11.50 
     * Empire State Realty Trust Inc  ESRT.N : Evercore ISI cuts to in line from outperform 
     * Equity Lifestyle Properties Inc  ELS.N : Evercore ISI cuts target price to $88 from $89 
     * Expensify Inc  EXFY.O : JP Morgan initiates with overweight rating; target price $57 
     * Extra Space Storage Inc  EXR.N : Evercore ISI cuts target price to $213 from $214 
     * Federal Realty Investment Trust  FRT.N : Evercore ISI raises target to $133 from $131 
     * Ford Motor Co  F.N : RBC raises target price to $21 from $17 
     * Genesco Inc  GCO.N : Jefferies raises target price to $67 from $64 
     * Hertz Global Holdings Inc  HTZ.O : JP Morgan initiates with overweigh rating; PT $30 
     * Hudson Pacific Properties Inc  HPP.N : Scotiabank cuts target price to $27 from $30 
     * Insmed Inc  INSM.O : JP Morgan initiates with overweight rating; target price $45 
     * Jbg Smith Properties  JBGS.N : Evercore ISI cuts target price to $32 from $33 
     * Kilroy Realty Corp  KRC.N : Evercore ISI cuts target price to $72 from $76 
     * Lulu'S Fashion Lounge Holdings Inc  LVLU.O : KeyBanc initiates with overweight rating
     * Lulu'S Fashion Lounge Holdings Inc  LVLU.O : KeyBanc initiates with target price $18 
     * Macerich Co  MAC.N : Evercore ISI cuts target price to $21 from $22 
     * Marvell Technology Inc  MRVL.O : BofA Global Research ups price objective to $115 from $80 
     * Meta Platforms Inc  FB.O : HSBC raises to hold from reduce; maintains target price of $300 
     * Newmont  NEM.N : CIBC cuts target price to $66 from $68 
     * Pagerduty Inc  PD.N : RBC cuts target price to $48 from $59 
     * Prologis Inc  PLD.N : Evercore ISI raises target price to $158 from $149 
     * Public Storage  PSA.N : Evercore ISI raises target price to $354 from $351 
     * PVH Corp  PVH.N : Cowen and Company cuts target price to $118 from $127 
     * Regency Centers Corp  REG.O : Evercore ISI raises target price to $82 from $80 
     * Rivian Automotive Inc  RIVN.O : JP Morgan initiates with neutral rating; target price $104 
     * Rivian Automotive Inc  RIVN.O : Piper Sandler initiates with overweight rating 
     * Rivian Automotive Inc  RIVN.O : Piper Sandler initiates with price target $148 
     * Rivian Automotive Inc  RIVN.O : RBC initiates with outperform rating and $165 PT
     * Rivian Automotive Inc  RIVN.O : Wedbush initiates with outperform rating and $130 PT 
     * SL Green Realty Corp  SLG.N : Evercore ISI cuts target price to $74 from $76 
     * Snowflake Inc.  SNOW.N : Credit Suisse raises target price to $465 from $455 
     * Steven Madden Ltd  SHOO.O : Piper Sandler raises target price to $56 from $54 
     * Steven Madden Ltd  SHOO.O : Piper Sandler raises to overweight from neutral 
     * Sun Communities Inc  SUI.N : Evercore ISI cuts target price to $223 from $225 
     * Tesla Inc  TSLA.O : RBC raises target price to $950 from $800 
     * Third Coast Bancshares Inc  TCBX.O : Piper Sandler initiates with overweight rating 
     * Third Coast Bancshares Inc  TCBX.O : Piper Sandler initiates with $30 price target 
     * Uipath Inc  PATH.N : RBC cuts target price to $55 from $65 
     * Ventas Inc  VTR.N : Evercore ISI cuts target price to $54 from $59 
     * Vera Therapeutics Inc  VERA.O : Jefferies raises target price to $35 from $28 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))